ForexFunction

GBPUSD: Formed Downward Wedge Pattern

Short
FX:GBPUSD   British Pound / U.S. Dollar
Gbpusd has formed downward wedge pattern on h4 time frame. If we find upside breakout, then we can go for long entry. As this pair is fully downtrend, we need to stay on sell mode. So expecting short entry on this pair

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.